B.1 Derivation of U.S. Net Wealth
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2014 2015 2016 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1 2017 Q2 Line
All sectors; U.S. wealth (1) FL892090005 77748.1 79156.7 84230.3 79267.3 80434.7 82618.6 84230.3 86719.6 88704.0 1
Households and nonprofit organizations; nonfinancial assets LM152010005 28575.8 30327.4 32036.2 30647.1 31035.4 31583.1 32036.2 32527.5 33134.8 2
Households and nonprofit organizations; real estate at market value LM155035005 23070.6 24623.5 26166.4 24885.3 25235.0 25751.4 26166.4 26551.1 27115.1 3
Nonprofit organizations; equipment, current cost basis LM165015205 317.9 328.1 337.5 330.8 333.1 335.9 337.5 340.1 343.0 4
Nonprofit organizations; nonresidential intellectual property products, current cost basis LM165013765 132.5 139.3 144.1 140.1 141.3 142.3 144.1 146.4 148.6 5
Households and nonprofit organizations; consumer durable goods, current cost basis LM155111005 5054.6 5236.5 5388.1 5291.0 5326.1 5353.6 5388.1 5489.9 5528.2 6
Nonfinancial noncorporate business; nonfinancial assets LM112010005 11562.4 12339.6 13124.6 12416.8 12694.0 13019.0 13124.6 13224.2 13461.9 7
Nonfinancial noncorporate business; real estate at market value LM115035005 10205.2 10983.2 11746.9 11046.8 11321.4 11654.2 11746.9 11861.0 12125.4 8
Nonfinancial noncorporate business; equipment, current cost basis LM115015205 838.1 860.5 882.1 864.6 869.4 877.3 882.1 874.1 861.7 9
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis LM115013765 222.8 232.3 239.8 238.5 240.7 239.5 239.8 226.6 211.4 10
Nonfinancial noncorporate business; inventories LM115020005 296.3 263.6 255.8 267.0 262.6 248.0 255.8 262.5 263.4 11
Security brokers and dealers; proprietors' equity in noncorporate business (2) LM662090205 17.9 14.7 -1.1 6.1 5.1 6.5 -1.1 -2.2 -3.9 12
All domestic sectors; corporate equities; liability (3) LM883164105 29971.4 28835.3 31592.4 28764.3 29325.1 30472.4 31592.4 33174.1 34267.9 13
Nonfinancial corporate business; corporate equities; liability LM103164103 22672.0 21579.7 23314.9 21698.3 22053.9 22836.1 23314.9 24539.3 25306.4 14
Domestic financial sectors; corporate equities; liability LM793164105 7299.4 7255.6 8277.5 7066.1 7271.1 7636.3 8277.5 8634.7 8961.5 15
Federal government; nonfinancial assets (does not include land) (4) LM312010095 3264.0 3268.2 3313.7 3268.1 3283.9 3295.5 3313.7 3330.9 3342.8 16
Federal government; total residential and nonresidential structures LM315014665 1510.4 1509.0 1543.4 1508.9 1520.9 1529.6 1543.4 1548.4 1548.7 17
Federal government; nonresidential equipment, current cost basis LM315013265 746.0 744.5 748.1 744.2 746.4 748.6 748.1 749.1 752.0 18
Federal government; nonresidential intellectual property products, current cost basis LM315013765 1007.5 1014.7 1022.2 1015.0 1016.5 1017.4 1022.2 1033.4 1042.0 19
State and local governments, excluding employee retirement funds; nonfinancial assets (does not include land) (4) LM212010095 9965.7 10098.5 10446.0 10128.4 10285.2 10347.4 10446.0 10572.5 10648.3 20
State and local governments, excluding employee retirement funds; total residenital and nonresidential structures LM215014665 9589.9 9718.4 10060.1 9746.8 9901.3 9962.4 10060.1 10184.6 10257.7 21
State and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis LM215013265 249.5 249.7 251.1 250.0 251.1 251.4 251.1 251.8 252.9 22
State and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis LM215013765 126.3 130.4 134.8 131.6 132.7 133.6 134.8 136.1 137.7 23
All domestic sectors; U.S. financial claims on the rest of the world; asset FL882090265 -5609.0 -5726.9 -6281.4 -5963.6 -6193.9 -6105.3 -6281.4 -6107.4 -6147.8 24
Rest of the world; total liabilities and equity FL264194005 17461.1 17315.8 17941.4 17506.9 17787.6 18295.4 17941.4 18843.2 19411.2 25
Rest of the world; foreign corporate equities including foreign investment fund shares; liability LM263164103 6770.6 6756.2 6997.0 6665.3 6723.6 7144.8 6997.0 7558.0 7962.8 26
Rest of the world; total liabilities FL264190005 10690.5 10559.7 10944.4 10841.5 11064.0 11150.6 10944.4 11285.2 11448.3 27
Rest of the world; total financial assets FL264090005 23070.1 23042.8 24222.8 23470.4 23981.5 24400.7 24222.8 24950.6 25559.0 28
Rest of the world; U.S. corporate equities; asset LM263064105 5925.5 5500.9 5770.3 5413.3 5449.0 5707.3 5770.3 6144.5 6302.2 29
Rest of the world; total financial assets excluding U.S. corporate equities and mutual fund shares FL264090035 17144.6 17541.8 18452.5 18057.2 18532.4 18693.4 18452.5 18806.1 19256.7 30
All sectors; U.S. wealth FL892090005 77748.1 79156.7 84230.3 79267.3 80434.7 82618.6 84230.3 86719.6 88704.0 31
All sectors; U.S. wealth FC892090005 4620.0 1408.6 5073.7 110.6 1167.5 2183.8 1611.7 2489.3 1984.4 32
All sectors; U.S. wealth PC892090005 6.3 1.8 6.4 0.1 1.5 2.7 2.0 3.0 2.3 33
Households and nonprofit organizations; net worth (5) FL152090005 83635.1 86695.7 92171.6 87211.0 88002.6 90228.1 92171.6 94498.0 96195.6 34
Households and nonprofit organizations; net worth FC152090005 5099.4 3060.6 5475.9 515.4 791.6 2225.5 1943.4 2326.5 1697.5 35
Households and nonprofit organizations; net worth PC152090005 6.5 3.7 6.3 0.6 0.9 2.5 2.2 2.5 1.8 36

NOTES

  1. U.S. net wealth measures the value of tangible assets controlled by the household and nonprofit organizations, noncorporate business, and government sectors of the U.S. economy and the market value of domestic nonfinancial and financial corporations, net of U.S. financial obligations to the rest of the world (sum of lines 2+7+12+13+16+20+24).
  2. Assumed to be equal to proprietors' equity in noncorporate brokers and dealers.
  3. This measure does not equal the net worth of the nonfinancial corporate business and financial business sectors reported in the Integrated Macroeconomic Accounts (tables S.2.a and S.2.q) because of differences in the valuation of assets.
  4. Excludes land and nonproduced nonfinancial assets.
  5. Household net worth is calculated as the difference between total assets and liabilities of the household and nonprofit organizations sector. See table B.101.
Last Update: September 21, 2017